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Rising grocer profit margins underscore need for competition, regulator finds

Rising grocer profit margins underscore need for competition, regulator finds

Canada's grocery sector needs more competition to help keep food prices down, give shoppers more choice and encourage new entrants, the country's competition watchdog says.
Artificial intelligence takes centre stage at Collision tech conference in Toronto

Artificial intelligence takes centre stage at Collision tech conference in Toronto

TORONTO — When the Collision tech conference got underway in Toronto on Tuesday, there were two words that dominated discussions across the Enercare Centre: artificial intelligence.
No evidence of political interference in McKinsey contracts: Treasury Board report

No evidence of political interference in McKinsey contracts: Treasury Board report

OTTAWA — The Treasury Board said Tuesday it has found no evidence of political interference in federal contracts with consulting firm McKinsey & Company.
Brookfield makes takeover offer for American Equity Investment Life Holding

Brookfield makes takeover offer for American Equity Investment Life Holding

TORONTO — Brookfield Reinsurance Ltd. has made a stock-and-cash offer to buy American Equity Investment Life Holding Co. (AEL) that values the company at US$4.3 billion.
Jeffrey Epstein suicide blamed on jail guard negligence and misconduct: Justice Department watchdog

Jeffrey Epstein suicide blamed on jail guard negligence and misconduct: Justice Department watchdog

WASHINGTON (AP) — The Justice Department’s watchdog said Tuesday that a "combination of negligence and misconduct" enabled financier Jeffrey Epstein to take his own life at a federal jail in New York City while he was awaiting trial on sex traffickin
Here's a list of May inflation rates for selected Canadian cities

Here's a list of May inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 3.4 per cent in May, Statistics Canada says.
Here's a list May inflation rates for Canadian provinces

Here's a list May inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 3.4 per cent in May, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 1.7 per cent (3.5) — Prince Edward Island: 0.
Thomson Reuters buying legal AI technology firm Casetext for US$650 million

Thomson Reuters buying legal AI technology firm Casetext for US$650 million

TORONTO — Thomson Reuters Corp. has signed a deal to buy Casetext, which uses advanced artificial intelligence and machine learning to build technology for lawyers. It is paying US$650 million in cash for the California-based company.
Ex-Audi boss convicted of fraud after pleading guilty in German automaker's diesel emissions scandal

Ex-Audi boss convicted of fraud after pleading guilty in German automaker's diesel emissions scandal

BERLIN (AP) — A German court found ex-Audi boss Rupert Stadler guilty of fraud in connection with the automaker's diesel emissions scandal Tuesday, making him the highest-ranking executive convicted over cars that cheated on emissions tests with the
Enbridge 'must cease' Line 5 operations on Bad River land by June 2026: judge

Enbridge 'must cease' Line 5 operations on Bad River land by June 2026: judge

WASHINGTON — The controversial Line 5 pipeline can keep moving fossil fuels through an Indigenous band's territory in Wisconsin for now, but operations on that property "must cease" on June 16, 2026, a U.S. judge says.